Summary - Atlantic Lodge, Cooks Way, Hitchin, SG4 SG4 0JG
2 bed 1 bath Flat
Affordable shared-ownership close to station and top-rated schools for local buyers.
40% shared ownership – 40% share priced at £92,000
This compact two-bedroom shared ownership apartment offers an affordable route into Hitchin with a 40% share priced at £92,000. Located a short walk from the station and local shops, it suits buyers seeking easy transport links and strong local schools. The property is chain free and comes with an allocated parking space, balcony and basic white goods included (washer-dryer, fridge-freezer).
The flat sits in a contemporary block built in the early 2000s and benefits from double glazing, an EPC rating of C and very low local crime. Monthly ownership costs are transparent: rent on the 40% share is £408.74 and the service charge averages £1,150.20 per year (about £95.85 monthly). Council tax is in a low band and broadband and mobile signals are adequate for everyday needs.
Important lease and running-cost considerations are material: only 82 years remain on the lease, which will need renewing or extending sooner rather than later. Heating relies on electric room heaters rather than a central system, which could mean higher running bills for some buyers. The apartment is small (approximately 560 sq ft) and best suited to first-time buyers or couples rather than growing families.
Overall this is a pragmatic, move-in-ready option for someone prioritising location and affordability over space and long lease security. Buyers should factor in lease extension costs and review service charge and heating costs before committing.
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